iRTM conducted an exclusive event in partnership with ‘The Fund Managers Association of the Philippines’ called FMAP convention, which took place from 10th to 12th March at the The Lind Boracay in Aklan, Philippines. The convention was attended by over 80 representatives from various asset management & securities services firms, which have presence in Philippines. Kedarnath Udiyavar (Business Head - OneMARKETS), Subhasish Bhattacharyya (Product Head - OneMARKETS), Christopher Padilla (Sales Team – Philippines) and Antonio Almazar (Sales Team – Philippines) represented iRTM at the convention.
Kedar addressed the audience on ‘Digitisation: The Competitive Edge in Asset Management’ where he talked about the transformation of the global asset management & securities services markets due to emergence of innovative / customized products, disruptive digitization and increased competition. He shed light on the key differences between the Indian and Philippines Fund Management Industries, the tax regime and regulatory safeguards existing in the Indian Mutual Fund (MF) space and the way in which Intellect Fund Distribution digitally transformed the Indian MF industry. He concluded the speech by providing an overview of Intellect OneMARKETS, a comprehensive securities trading and asset servicing platform, to the audience.
An interesting talk on the topic of ‘Investing in the new Era’ was delivered by Arthur C Yap (Member of Congress Philippines & former Secretary of Agriculture). He mentioned that the agricultural sector contributes to about 12.5% of the entire GDP of Philippines. He stressed the need to create more collective investment schemes to fund the Philippines’ agricultural sector.
Key decision makers from reputed firms like Philamlife Asset Management, Papa Securities & Landbank visited Intellect’s stall at the convention and engaged in meaningful discussions with iRTM solution experts. The FMAP convention provided iRTM with an opportunity to network with and showcase Intellect OneMARKETS, to leading Fund Management professionals from Philippines. The speeches by industry experts at the FMAP convention, provided insights about the trends which are transforming investor behavior and the macroeconomic forces which are disrupting the investment landscape in Philippines.